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Commerce - Part 4
1
of
25
💡
Hints:
3
Q1. User can select multiple check box under "Print" section in Controlling Party Setup
A. true
B. false
Q2. Need Hierarchy theory is given by
A. Maslow
B. Mc gregaor
C. Thorndike
D. Pavlov
Q3. The following does not characterize business activity?
A. Production of goods and services
B. Presence of risk
C. Sale or exchange of goods and services
D. Salary or wages
Q4. which is the India’s leading Accounting software
A. Tally
B. Maarg
C. Zoho
D. Quick Books
Q5. ___is psychological communication barrier.
A. Lack of attention
B. Physical appearance
C. Facial expressions
D. Rules and regulations
Q6. An advantage of a savings account is that the interest rate is high.
A. true
B. false
Q7. In India GST became effectuve from
A. 1st April 2017
B. 1st july 2017
C. 1st march 2017
Q8. Diversification refers to
A. increased immigration from areas of war and poverty
B. government policies to control the banks
C. spreading investments over different types to reduce the risk
D. avoiding risk by focussing on cash investments
Q9. A major disadvantage of sole proprietorship is
A. Limited liability
B. Unlimited liability
C. Easy formation
D. Quick decision
Q10. eCommerce is short for
A. Email Commerce
B. Electronic Commerce
C. Essential Commerce
D. Ebay Commerce
Q11. An auditor should have
A. Honesty
B. Morality
C. Tactfulness
D. All
Q12. What is a form of payment which by law a creditor is compelled to accept in settlement of a debt?
A. Commodity money
B. Token money
C. Legal tender
D. Bank notes
Q13. Goods are imported for purpose of re exports to another country is termed as
A. Import trade
B. Export trade
C. Enterpot trade
Q14. Management principles are applied ___ under different situation
A. same
B. differently
C. uniform
Q15. Planning is a ___ function.
A. Selective
B. Pervasive
C. Both a & b
D. None of the above
Q16. Which bank has the power to issue bank nrotes?
A. Commercial bank
B. Central bank
C. Foreign banks
D. Co- operative banks
Q17. Ships sailing along the trade routes shown in Map 7.2 were dependent on
×
A. hinterlands.
B. oil.
C. monsoons.
D. slaves.
Q18. What is part of a clothing manufacturer’s fixed (non-current) assets?
A. cloth
B. dresses
C. packaging materials
D. sewing machines
Q19. The idea that marketers only have a short time span to gain and hold the interest of the customers
×
A. Viral marketing
B. Elevator pitch
C. Word-of-mouth
D. Spam time
Q20. 4 sectors of the Australian economy are
A. Business, Household, Financial and Government
B. Government, Trade Unions, Em ployee, Employer
C. Intrapreneur, Entrepreneur, Household, Business
Q21. the essence of control is to
A. to take decision
B. to make enquiry
C. to take corrective action
D. to motivate
Q22. Which Indian organisation has discovered 30 reels of unedited footage on Mahatma Gandhi?
A. NITI Aayog
B. NFDC
C. NFAI
D. Fox Star Studios
Q23. Buying goods and services from another country is considered?
A. Exporting
B. Importing
Q24. A person or institution on which a bill is drawn is known as what?
A. Drawer
B. Drawee
C. Payee
D. None of the above
Q25. What is an example of an economic factor affecting commercial activities?
A. better communication
B. changes in consumer tastes
C. political stability
D. unemployment levels
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